Refer to the data below. The marginal product of labour as production moves from employing one worker to employing two workers is:
$\begin{array} { c c }
\text { Number of Workers } & \text { Output } \
0 & 0 \
1 & 23 \
2 & 40 \
3 & 50
\end{array}$

Question

Refer to the data below. The marginal product of labour as production moves from employing one worker to employing two workers is:
$\begin{array} { c c } 
\text { Number of Workers } & \text { Output } \
0 & 0 \
1 & 23 \
2 & 40 \
3 & 50
\end{array}$

Quizplus · Accepted Answer

Marginal product of labor refers to the additional output that a firm can produce by adding one more unit of labor, while holding other inputs constant.

The marginal product of labor between 1 and 2 workers can be calculated as:
Marginal product of labor = (Output with 2 workers - Output with 1 worker) / (Number of workers employed with 2 - Number of workers employed with 1)
= (40-23) / (2-1)
= 17

Therefore, the marginal product of labour as production moves from employing one worker to employing two workers is 17.

Refer to the Data Below Number of Workers Output 00123240350\begin{array} { c c } \text { Number of Workers } & \text { Output } \\0 & 0 \\1 & 23 \\2 & 40 \\3 & 50\end{array} Number of Workers 0123​ Output 0234050​

Refer to the Data Below $\begin{array} { c c } \text { Number of Workers } & \text { Output } \\0 & 0 \\1 & 23 \\2 & 40 \\3 & 50\end{array}$